Three JPMorgan Chase senior executives are set to resign over the firm’s $2 billion loss on derivatives trades, including the executive who oversaw the trade, US media have reported.

Chief executive Jamie Dimon is set to accept the resignation of Ina Drew, a 55-year-old chief investment officer who has worked at the firm for three decades, The New York Times said.

The Wall Street Journal said two other high-ranking executives were set to leave during the week: Achilles Macris, who heads the London-based desk that placed the trades, and trader Javier Martin-Artajo, a managing director on Mr Macris’s team.

Ms Drew had repeatedly tendered her resignation since the extent of the loss became apparent in late April, but Mr Dimon had refused to accept it. Attention has also focused on the role of a London-based JPMorgan trader, French-born Bruno Michel Iksil, nicknamed The London Whale. Mr Iksil, who has been tied to the losses, is also likely to leave though it remains uncertain when he will do so.

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